Saturday, July 16, 2011

Europe car market: in June, down 8, 1%

The car market in Europe confirms the world economy: in June new vehicle registrations fell 8 .1% in the 27 EU countries, for a total of 1,233,298 units, Fiat has managed to do even worse, with a fall of 8 .3% over the same period in 2010, with 91,181 units registered. After the resumption of the car market in May, the data provided by ACEA (European Automobile Manufacturers Association) show large differences in enrollment between European countries: the contractions ranging from -0.3% to -1.7% in Germany in Italy, to -6.2% in Great Britain, to -12.6% in France up to the worrying -31.4% in Spain.

Analyzing the data of the semester we see how the crisis has not affected all manufacturers: it starts from the BMW +10.8%, from 5.7% of the Volkswagen group, up to +1.7% from Daimler. For the Fiat group data other than the German premium brands: Fiat has seen in half of registrations down 19.1% and 13.7% of the Spear.

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